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Prospect Heights housing lottery, decoding a lease, & more

Published November 3, 2023 (over 2 years ago) · Updated 3 months ago
Central Park in New York
This week, readers were interested in a new housing lottery that opened in Brooklyn. Every Thursday, Brick features a different lottery with instructions on how to apply. Housing lottery apartments are typically in brand new rental buildings with multiple amenities. Lottery units are rent stabilized, so rent increases are capped and renewals are automatic—making it a big deal to land one of these.
Also of interest: A reader signed a lease that says the tenant is responsible for damage to the windows or doors—period. Brick explains why such broad language could signal an owner trying to shirk their responsibility.
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